1. SLASH

    Barclays CEO Wants Big Job Cut

    Any banks hiring? Barclays CEO Antony Jenkins announced that cost reduction is one of the next major steps the British bank will take to stay competitive—and is proposing a 30 percent reduction in staff. Barclays has struggled lately as it has been mired in the LIBOR scandal and recent investigations about its actions in the Middle East.

    Read it at Financial Times